Days Inventory is also known as Days Sales of Inventory (DSI). Konka Group Co's Average Total Inventories for the
three
months ended in Mar. 2024 was ¥3,391 Mil. Konka Group Co's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ¥2,285 Mil.
Hence, Konka Group Co's Days Inventory for the
three
months ended in Mar. 2024 was 135.44.
The historical rank and industry rank for Konka Group Co's Days Inventory or its related term are showing as below:
SZSE:000016'
s Days Inventory Range Over the Past 10 Years
Min: 33.07 Med: 56.36 Max: 100.81
Current: 100.81
During the past 13 years, Konka Group Co's highest Days Inventory was 100.81. The lowest was 33.07. And the median was 56.36.
SZSE:000016's Days Inventory is ranked better than 50.64% of 2409
companies
in the Hardware industry
Industry Median: 101.78
vs SZSE:000016: 100.81
Konka Group Co's Days Inventory
increased
from Mar. 2023 (95.65) to Mar. 2024 (135.44).
It might indicate that Konka Group Co's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Konka Group Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.67.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Konka Group Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.38.
Konka Group Co Days Inventory Historical Data
The historical data trend for Konka Group Co's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Konka Group Co's Days Inventory
For the Consumer Electronics subindustry, Konka Group Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Konka Group Co's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Konka Group Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Konka Group Co's Days Inventory falls into.
Konka Group Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Konka Group Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Konka Group Co (SZSE:000016) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Konka Group Co's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Konka Group Co's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Konka Group Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Konka Group Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Konka Group Co Ltd operates in the consumer electronics industry of China. The company sells its goods primarily in China, but a portion of its sales are from overseas markets. Most of its revenue is derived from the business-to-business sale of various color TV models including Smart TVs, LED TVs, 4K TVs, and OLED TVs. Its secondary source of revenue is obtained from the manufacture and sale of mobile phones and appliances such as refrigerators, washing machines, air conditioners, and freezers. The Konka Group also develops and maintains software technologies, produces and distributes molds and plastic products, and provides digital network products.
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